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Oil prices jumped on Monday after Israel warned that the conflict with Iran was still ongoing.
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China has cushioned the worst of the energy shock through its strategic oil stockpiles and a diversified mix of renewable energy sources.
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The Strait of Hormuz trade route remains effectively shut, disrupting the global energy shipments.
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Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U.S.-Iran peace deal.
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A speck of blue on an otherwise red area in some presidential elections, the dot is now dividing candidates in a key midterm contest.
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On Saturday, the small Persian Gulf island of Bahrain said it had arrested 41 people it said are part of a group affiliated with Iran's Revolutionary Guard.
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The oil giant's earnings in the first three months of the year were more than double the previous quarter's and follow similarly strong results of European rivals.
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